1. World Bank calls for reforming skills training in India
- The World Bank has said in its report tilted ‘Jobs at Your Doorstep’ that in India, the narrative of skill education being for weak students is overpowering, leading many students who could benefit more from it to pursue conventional streams like arts, commerce, or STEM.
- Experts found that vocational skills training in India is largely rooted in traditional practices and under-recognized by policymakers, despite being supported by the World Bank’s Strengthening Teaching-Learning and Results for States programme.
- The Indian government has implemented several initiatives, including PMKVY-TI, ETP, NEEM, Atmanirbhar Bharat Rojgar Yojana, and Mahatma Gandhi National Rural Employment Guarantee Act, to address issues related to education, employment, and skilling, with a budget allocation of ₹1.48 trillion.
World Bank
- International financial institution providing loans and grants to low- and middle-income countries for economic development.
- Established in July 7, 1944 (80 years ago)
- Headquarter: Washington DC, US
- President: Ajay Banga
PMKVY-AIET Program
- Provides engineering skills training to young people.
- Implemented by All India Council for Technical Education (AICTE).
- Aims to provide entrepreneurial orientation and necessary skills.
- Provides employable skills based on National Occupational Standards.
- Offers bridge courses to certificate holders of general or vocational education.
- Provides post-placement support, tracking, and monitoring.
Atmanirbhar Bharat Rojgar Yojana (ABRY)
- Launched to mitigate job losses and create new employment during COVID-19.
- Benefits are provided to establishments registered with EPFO and their new employees.
- Special benefits include:
- Employees with monthly salary less than Rs 15,000
- Employees not working in any EPFO-registered establishment before October 1, 2020
- All applicants registered before October 1, 2020
- Employees who lost jobs between March 1, 2020 and September 30, 2020
- Benefits are given monthly to beneficiary establishments and employees.
Mahatma Gandhi National Rural Employment Guarantee Act, 2005
- Passed in 2005, provides legal guarantee of 100 days of wage employment per year to adult rural household members.
- Applicable to areas notified by the Central Government.
- Aims to enhance livelihood security in rural areas through infrastructure development.
